Phio Pharmaceuticals Corp. (PHIO) Stock: Why It’s Headed For The Top

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Phio Pharmaceuticals Corp. (PHIO) is working its way for to the top in the market today. The company, focused in the biotech industry, is presently priced at $0.45 after climbing 6.79% so far today. When it comes to biotech companies, there are a number of factors that have the ability to generate gains in the market. News is one of the most common reasons for movement. Here are the most recent trending headlines associated with PHIO:

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Feb-15-19 07:15AM Phio Pharmaceuticals Appoints Gerrit Dispersyn as New Chief Executive Officer Effective March 1
Dec-18-18 07:05AM Phio Pharmaceuticals to Present at Biotech Showcase 2019 in San Francisco
Dec-04-18 07:05AM Phio Pharmaceuticals to Present at the Tumor Targeted Lymphocytes Summit in Boston on December 13
Dec-03-18 11:30AM PHIO: Soldiering On as We Wait for Bids
Nov-19-18 07:00AM RXi Pharmaceuticals Corporation Changes Name to Phio Pharmaceuticals Corp.

However, any time investors are making an investing decision, prospective investors should focus on far more than news, especially in the generally speculative biotech sector. Here’s what’s going on with Phio Pharmaceuticals Corp..

Recent Movement Out of PHIO

While a single session gain, like the gain that we’re seeing from Phio Pharmaceuticals Corp. might lead to excitement in some investors, a single session move by itself shouldn’t be the basis of a decision to, or not to, invest in a stock. It is generally a good idea to dig into trends for a period longer than a single trading session. As it relates to PHIO, below are the movements that investors have experienced:

  • Weekly – Throughout the past 5 trading sessions, PHIO has produced a price change that amounts to 13.69%.
  • Monthly – The monthly ROI from Phio Pharmaceuticals Corp. comes to 21.97%.
  • Past 3 Months – In the past 3 months, the company has produced a return of 31.72%
  • Bi-Annually – In the past six months, we’ve seen a change that amounts to -67.50% from the stock.
  • Year To Date – Since the the first trading session of this year PHIO has produced a ROI of 35.95%.
  • Full Year – Finally, over the past year, we’ve seen a change that comes to -91.21% from PHIO. In this period, the stock has traded at a high price of -92.88% and a low price of 66.11%.

Ratios To Watch

Looking at a few ratios having to do with a stock can provide prospective investors a look of how dangerous and/or potentially profitable a pick may be. Here are a few of the most important ratios to think about when digging into PHIO.

Short Ratio – The short ratio is a tool that’s used by traders to measure the level of short interest. As the ratio goes higher, it shows that more investors believe that the price of the stock is going to go down. Throughout the sector, biotechnology stocks tend to have a higher short ratio. However, we also tend to see a lot of short squeezes in the sector. Nonetheless, as it relates to Phio Pharmaceuticals Corp., it’s short ratio comes to 0.34.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Basically, they measure the company’s abilities to pay for its debts when they come due with only current assets or quick assets. In the biotechnology industry, several companies are reliant on continued support from investors, the current and quick ratios can look bad. Nonetheless, several good picks in the biotechnology sector come with great quick and current ratios. As it relates to PHIO, the quick and current ratios work out to 1.80 and 1.80 respectively.  

Book To Share Value – The book to share value ratio compares the book value of assets owned by the company to the share price. In this case, the book to share value ratio is 0.40.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the value of shares. Many early stage biotech companies struggle to keep cash on hand. So, when investing in the biotechnology sector, this is an important ratio to think about. In terms of PHIO, the cash to share value ratio comes to 0.18.

What Analysts Think About Phio Pharmaceuticals Corp.

Although it’s not a good idea to blindly follow the opinions of analysts, it is a smart idea to consider their analysis when validating your own due diligence before making investment decisions in the biotechnology industry. Here are the most recent moves that we’ve seen from analysts as it relates to PHIO.

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Is Big Money Interested in Phio Pharmaceuticals Corp.?

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in PHIO, here’s what we’re seeing:

Institutions own 16.10% of the company. Institutional interest has moved by 189.93% over the past three months. When it comes to insiders, those who are close to the company currently own 3.80% percent of PHIO shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What’s Going On With Share Counts?

Investors tend to have an interest in the total numbers of shares both outstanding and available. In regard to Phio Pharmaceuticals Corp., there are currently 18.10M with a float of 17.25M. This means that of the total of 18.10M shares of PHIO that are out there today, 17.25M are available to trade hands in the public realm.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to PHIO, the short percent of the float is 0.86%.

What We’ve Seen In earnings results

What have ween seen from PHIO in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – As it stands at the moment, Wall St. analysts are expecting that Phio Pharmaceuticals Corp. will come up with earnings per diluted share that comes to -0.33, with -0.11 to be announced in the next financial report. Although this information is not associated with earnings, since we’re chatting about Wall Street analysts, the stock is presently graded as a 0 on a scale from 1 to 5 on which 1 is the worst average Wall Street analyst grade and 5 is the best possible rating.
  • 5-Year Sales – Over the past half decade, Phio Pharmaceuticals Corp. has announced a change in sales that works out to 0. Earnings in the past 5 years have seen a change of 60.30%.
  • Q/Q – when it comes to quarter over quarter data, or Q/Q data as it is often represented in today’s society, Phio Pharmaceuticals Corp. has created a change in earnings in the amount of 67.60%. The company has also experienced movement with regard to revenue in the amount of 0.

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